2021-03-31-accounts - Easy Housing Association

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EASY HOUSING ASSOCIATION Charity No. 1115721

Trustees Report 2020/21

This year was the most difficult and hardest year in the history of the charity due to Covid 19 pandemic and the subsequent lockdowns and protocols. The pandemic has affected every aspect of the charities’ work right from the referral stage to move on stage. We have to re-double our cleaning services to all properties and provide all the health and safety related items such as gloves, sanitizer, and masks. The emergency repairs were all carried out in time thanks to our dedicated maintenance and cleaning teams as well as our middle managers who tirelessly continued carrying out health and safety inspections to the properties frequently. The charity has, like the years before, continued providing its much-needed service to the single homeless, and is always trying to improve the delivery of its service by, reaching out even wider users and communicating closely with our tenants, partners, and stakeholders. Sadly, we were unable to increase our stock during this period due to the pandemic but continued providing emergency supported accommodation to ex- offenders, the elderly, rough sleepers and the refugee and immigrant communities. The pandemic and the subsequent restrictions has caused massive difficulties, but nevertheless the charity continued to accommodate and support the homeless and help them with favorable outcomes. We are pleased to report that the charity did not make any members of its staff redundant, nor did it put any member of staff on the government furlough scheme.

Generally, we provide our excellent and much needed services

To young people, ex-offenders, people with drug problems, refugees, Elderly, and others from the vulnerable sections of the community. We have continued increasingly working with organizations like shelter, crisis, YMCA, Salvation Army, and other approved charities and accommodated more homeless through them. We also continued helping homeless families to link up and rent from the private sector and continued our tenants to get to employment and training opportunities. Easy Housing accommodated and supported 300 single homeless during the year.

During the year the charity did not get any loans or received any grants and entirely depended on income generated through rent revenue. We are very please despite the major difficulties associated with the pandemic to reports surplus in the annual accounts.

As always, we devoted a considerable time and effort in organizing workshops and surgeries on the trainings and employment for our tenant population and have helped 15 tenants to move on to a more permanent accommodation, assisted 5 tenants to take training opportunities and 4 people to get into employment.

EASY HOUSING ASSOCIATION Charity No. 1115721

Our missions remain to build community with the necessary skills and qualifications, and we have continued accessing clients to the appropriate training providers, employers and to permanent housing.

The charity remains committed to pursue its three central themes

Housing with care and support
Community engagement and development

Tenants Empowerment and employment

Abdi Gure,

Trustee

R*adon numb•r 5439373 Eg8y Houslog A890dallon Comp•lly Ilnthed by £u¥rantre Dlrector8' report and flnanel41 stAtsments for the year ended 31 Mar¢h 2021

Eaay Houslng A8Md*tloll Comp4fjy llDted by iuAr•ntee Company lllformldon Yusuf Ahmed Abdi Gure Saud Abdillahi Compatty number 5439373 Re8iSt¢r&l offi¢¢ Kingsbury Hou8¢ 468 Chur¢h Lane don NW9 8UA A¢countants TAlly-Ho Accounw Ltd 20.22 W¢nloGk Ro London NI 7GU Bu5in¢ss address Kinybury House 468 Church L4ne

ndon NW9 8UA

Contents Balan¢e sbeet

Easy Housillg As$oei4tion Company limlted by guarantee Directors, report for the year ended 31 March 2021 The directors present their report and the finallcial statements for thc year ¢nd¢d 31 Morch 2021. Prinelpal Activity The principal activity of the company is 10 provide care, support and assistance in regard to housing, housing s¢rvic¢5, hou%ingi benefits and housing support and relaled matters to hotn¢l¢ss p¢ople and those being in danger of being homeless. Directors The directors who served during the year are as stated below: Mohamed Mohammed Yusuf AtLmcd Abdi Gure Saud Abdillahi This report has been prepared in accordance with the provisions applicabl¢ to companies entitled to the small compani¢s ¢x¢mptkon. This report was approved by the Board on 6 Scptcmber 2021, and signed on its behalf by: Mohamed Mohammed Dire£tor Page I

Euy Hon$lng Atsod#tlo Company llmlt¢d by guan¢ Prollt and loss account for ikn year ended 31 Mareb 2021 2021 2020 Notes Turnover 1,859,856 1,698,359 Cost of s81¢5 (747,015) 1,112,841 (573.402) Gross prollt 1.124.957 (1,058,435) 54,406 (1,032,501) 92.456 Oper•thhg prollt Oth¢r int¢r¢st receivable and similar income 78 121 Profit on or•JlDary a¢dvldu before tssatlon 54.484 92,577 T&x on Profit on ordinary activitie8 Profit for the ye 54,484 92,577 R¢tsitied profit brought foNard RetalDed profft carrled forward 266,375 173.798 320,859 266,375 The notes on pAge8 5 to 7 form an kntegrAI pArt of Ib¢8¢ fIn*n¢1 statement& Page 2

a% at31 Mareb Flxed assets Tangible assets Cttrrtnt aSBets Debtor8 Cash at bank and itt haad 83.893 82.870 27545 271,406 23.862 220,150 298951 244,012 Credhors: #mollllts flkng due vAthln on¢ year Net current sgets (16.563) (15.085) 282J88 228.927 Ilabllities 366281 311,797 amets 366281 311.797 Called up Sha ¢apitsI Pmfjt ODd loss awjunt 45.422 320.859 45,422 266J75 Memben. fo#4ts 366281 311.797 The directors, Statements requir•a by S¢¢tiQD5 475(2) And (3) shovm oll the fol]OWiDg page which forn part of this Ba]aDce Sheet. The Dottt •D S to 7 forrn an IBt¢wl p•rtgf thtge Ilnandnl ststsment&

Easy Housing Association Company limited by guarantee Balance sheet {contiDued) Dlre¢tor8' StAtemcnt$ required by Sections 475{2) and {3) for the year ended 31 March 2021 For the year end¢d 31 March 2021 the ¢ompany was entitled lo exemption from audit under section 477 of the Companies Act 2006 relating Lo small companies. Directors, responsibilities: The members have not required the company to obtsin an audit of its accounts for the year in question in accordance with scction 476. and Thc dircclors acknowledge their rcsponsibilities for complying with the requirements of the Act with re5peet to accounting records and the preparation of accounts. These accounts have been prepared in accordance with the provisions applicablc to companies subje¢t to the small companies regime and with the Financial Reporting Standard for Smaller Enlilies {effe¢tive April 2008). These a¢counts were approved by the directors on 6 September 2021, and are st)ed on their behalf by. an)me Dlrector Registration number 5439373 The notes on pages 5 to 7 form an integral part of theye financial statements. Page 4

for the ymr ended 31 March 2•21 A¢¢ountlDg polide# 1.1. A¢¢ountlDg eMvenlloD Finallcial Rwting Stsndard fty Sm•ll¢r Entities (efflive Apnl 21Y)8)- 11 Trn0ver Turnover represents tbe total invoiee value, ¢x¢lthg V1h added ¢14 of sales made duri08 the year and dcrivcs f[ll the provision of 8#1S falltiw within the activities. IJ. Tllltlble Ilxed tsets and dwre¢ldo4 Depreciation 18 provided at rntes calculated kn wrile off the c(x¢ le88 re81thl Val of ¢h 488d over its ex¢t us¢thl lif¢, 06 follows: Fixtures. fittin88 and equipment Motor vehi¢le4 2(PA strJith¢ IiD¢ 2IpA straight line Turmiver The totsl turn of th¢ ¢ompkny for the )w h8 been duived from its priDCiPAI adivity wbolly undertaken in the UK. Operatlng proflt 2021 2020 Operntiti8 profit is *ated after ¢haTPll8: Depreciation and other•nK¥unts wiitt¢a off ¢•n8ibie &8sets 20.972 20.717 Dlr¢rton' remunerAth 2021 2020 Remuneration and other benefits 4.875 37.161

HouslDg Auodadon Company Ilmlted by 84*rnnt¢e Not¢s to th¢ 1lnattd stst¢m¢nt$ for the year ended 31 March 2021 continued Flxture flttiDgs and Motor equlpment vehlcles Tanzlble fixed assets Totsl Cost At l April 2020 Additions 179,546 21,995 12,900 192,446 21.995 At 31 March 2021 201.541 12,900 214,441 Depreelatlon At l April 2020 Charge for the year 104,604 19J87 4,972 1,585 109.576 20,972 At 31 March 2021 123.991 6,557 130,548 Net bo•k values At 31 March 2021 77J50 6,343 83,893 At 31 Marcb 2020 74,942 7.928 82.870 DebtOf8 2021 2020 Trade debtors Prepayments and acowed iDL¥)D 26.045 1500 22,662 1200 27545 23.862 Credltors: amounts falllng due YAtblD one year 2021 2020 Trade GrlI0r8 Other taxes and social se¢uTity ¢ost8 Accnwls and defe iDwn¢ s61 SJ09 2,693 8,129 4263 2.693 16,563 15,085 Page 6

for the yw ended 31 Mreb 2ff2l Profh aDd lo Tot1 At l Aprll 2020 Profit for the 266J75 54.484 266J75 $4,484 At 31 Mw¢h 2021 320,859 320,859 Company ]imit¢d by zH*r•ntse

The followkng pagej do n•t fom p*rt •fth¢ a¢¢•axI&

C•mpDy Ilmltal by 8MarAtr¢ r the ye•r e4Mle413J mCh 2021 2021 2020 Rent receivabl¢ I57.00$ 1,692.411 1.859.856 1.698.359 Cost of sa 747.015 573.402 (747.015) (573.402) Gross proflt 1.112,841 66% 1.124,957 Wage8 and salgries 261972 4.875 16291 4.849 lJ75 468.995 42.727 3.714 55958 45.844 69214 216290 37.161 15.848 4,834 536 446286 42.376 3,367 57.696 49.6 64.504 7.565 1,413 3.073 1,410 Employefs Nl trIbutiOnS Employ¢Vs Petision con1nbl0llS Tetwit TrainiDg and Support Rent pay7bk Light and heat Cleaning Advertising Tdephone Computer costs Hire of equipmu 15 3.787 1734 iJ96 1&616 12,150 2200 2.693 510 4J27 1229 19,693 5500 Lggal and profe&sional Consultancy fees Accountancy and BLM)k4eeping 24,701 630 3.740 567 Bad debts Charitable donatiO- o 19J87 1,585 18,735 1.982 1,058.435 1.032,501 92.456 92,456 Operating pro(h 3% 54,406

Compl limited by for the yur eAded 31 Mar¢k 2021 2021 2020 Other Income and expenses Interest rtteivable Bank de$It interest 78 121 profit for the year 92,577